Credit unions of all assets and locations share one thing in common: it's imperative that they grow. That's why Growth will be the only item on the agenda at Credit Union Journal's Grow Show 2013, which is now set for May 30-31 in Orlando.
evolve FCU here is creating a group of young adult "brand ambassadors" to help increase awareness of the credit union in the community.
Lost among all the talk of growth strategies credit unions are or should be implementing is the fact CUs in some areas of the country are simply striving to eke out a small net income.
For $2.1-billion Redwood Credit Union the recession did not bring the kinds of losses than plagued many CUs, but it did knock a hole in its normally robust lending portfolio.
The sentiments behind Bank Transfer Day is still out there, and $746-million Xceed Financial CU intends to tap it.
2013 will most likely be a "mixed year" for $7.9-billion The Golden 1 Credit Union, but it will be an improvement from 2012.
For $669-million One Nevada Credit Union, the omnipresent watchful eye of "Big Brother" is a good thing.
The pinch of the recession was barely felt at $5.7-billion San Diego County Credit Union, which has followed a small loss in 2008 with four straight years of solid income-with more expected in 2013.